FOOD MARKET NEWS

Increase the export value of surimi and fishmeal

Increase the export value of surimi and fishmeal

The surimi production and export industry is and will grow strongly because it is considered a popular seafood product thanks to its cost-effectiveness and is used as an important ingredient in a number of dishes, especially seafood in Asian cuisine. In addition, consumers favor surimi because of its…

Export of Pangasius to China sees recovery in the last months of the year

Export of Pangasius to China sees recovery in the last months of the year

According to data from Vietnam Customs, in November 2023, Vietnamese pangasius exports to China continued to maintain positive double-digit growth, with a value of more than 36 million USD, an increase of 29% over the same period in 2022. By the end of November 2023, China bought nearly 497 million…

Vietnamese pangasius is having an advantage  in China

Vietnamese pangasius is having an advantage in China

Despite the decrease in Pangasius imports from Vietnam to China by two digits in the first three quarters of this year, specifically according to customs data, China has imported 127,000 tons of frozen pangasius, valued at USD 264 million in the first nine months of this year, a reduction compared to…

By September 2023, pangasius exports to the US will total 207 million USD.

By September 2023, pangasius exports to the US will total 207 million USD.

By the end of September 2023, the total value of pangasius exports to the US market reached 207 million USD, showing a significant decline of 54% compared to the same period in 2022. After China and Hong Kong, the US is the second-biggest Vietnamese pangasius consumer market. Compared to the same period…

Pangasius exports to China and Hong Kong increased by 15% in September 2023

Pangasius exports to China and Hong Kong increased by 15% in September 2023

In September 2023, pangasius exports to this billion-people country recorded positive double-digit growth, up 15% with a value of 56 million USD. This is the first time since February 2023 that pangasius export turnover to China and Hong Kong has returned to positive growth. Of which, the Chinese market…

The EU is importing more Vietnamese pangasius during the last few months of the year

The EU is importing more Vietnamese pangasius during the last few months of the year

In September 2023, Vietnamese pangasius exports to the EU market showed promising results with positive growth after months of decline. The export value reached over 14 million USD, which is an 11% increase compared to the same period last year. This indicates a potential recovery for the pangasius…

Shrimp exports to China and Hong Kong grew by double digits in the third quarter of 2023

Shrimp exports to China and Hong Kong grew by double digits in the third quarter of 2023

In the first 9 months of this year, Vietnam exported shrimp to China and Hong Kong reaching 454 million USD, down 6%. In the third quarter of 2023 alone, total export turnover reached more than 173 million USD, up 15% over the same period last year. Although in the first and second quarters, total export…

Vietnam continues to be the largest source of pangasius for Brazil and the US markets

Vietnam continues to be the largest source of pangasius for Brazil and the US markets

Brazil is Vietnam's third largest pangasius consumption market with 71 million USD, accounting for 5% of the country's pangasius export proportion to markets. According to statistics from Vietnam Customs, in the third quarter of 2023, Brazil consumed more than 33 million USD of Vietnamese pangasius,…